Richard I. Lefkowitz

Senior Partner / Banking & Finance

Boston and New York Offices

617-880-3549

617-692-3549 fax

rlefkowitz@riemerlaw.com

Rich's primary areas of practice are in the representation of lenders in real estate financing transactions and the resolution of problem loans. Rich regularly handles a broad range of transactions for institutional clients, including, without limitation, the representation of financial institutions in multi-lender real estate finance, real-estate portfolio finance, and mezzanine finance and workout transactions on a local, regional, and national basis. Rich's experience with multiple lenders and multiple tiers of financing have proven invaluable in the current climate of loan restructurings and workout transactions.

Rich has participated as a speaker at seminars sponsored by the International Council of Shopping Centers, the National Association of Industrial and Office Properties, and Massachusetts Continuing Legal Education, Inc. In addition, Rich was the co-author of the article entitled, "Ground Lease Projects: Dealing with Complexity of Parties and Issues," published by the ICSC, and wrote the article "Syndicated Loan Arrangements in the Project Finance Market," published by Massachusetts Continuing Legal Education, Inc. He has been and remains active in a number of non-profit organizations.

Representative Transactions

• Representation of the agent in the ongoing resolution of a $212 million loan involving the construction of a luxury hotel and condominium in New York City
• Representation the agent in a $336 million multi-lender loan involving the construction of a hotel, condominium, apartment, and retail project in Boston
• Representation the agent in a $385 million multi-lender loan involving the conversion of an apartment complex to a luxury condominium in New York City
• Representation a the lender in the ongoing resolution of a $10 million mezzanine loan involving the construction of a luxury condominium in Maryland
• Representation of the agent in the ongoing resolution of a $150 million loan involving the construction of a luxury condominium and spa in New York City
• Representation of the lender in a $10.3 million mezzanine loan involving the construction of a luxury condominium project in the Miami area
• Representation of the agent in a $316 million multi-lender loan involving the construction of a biotech research facility in the Boston area
• Representation of the lender in a $55 million loan for the permanent financing of a hotel in New York City
• Representation of the agent in a $200 million syndicated unsecured working capital and term revolving credit facility for a national Real Estate Investment Trust
• Representation of the agent in a $34 million syndicated senior and mezzanine construction for the demolition and construction of a mixed-use 277-unit multi-family apartment complex and retail center in Delaware
• Representation the agent in a $68.5 million syndicated senior and mezzanine construction for the demolition and construction of an enclosed mall complex in Alabama

Affiliations

American Bar Association

International Council of Shopping Centers

Massachusetts Bar Association

National Association of Industrial and Office Properties

New York Bar Association

Real Estate Finance Association (Massachusetts)

Admissions

Commonwealth of Massachusetts, 1993

State of New York, 2004

Education

Boston University School of Law, J.D., 1993

The Wharton School at the University of Pennsylvania, B.S., 1990